Commercial Real Estate Archives

Texas investors who are interested in investing in the commercial real estate market should understand how difficult it can be. Regardless of what type of investment property they focus on, there are certain mistakes that they should make sure to avoid.

Texas commercial real estate owners may get a boost from the passage of the tax bill. Under it, people who own real estate that is held in pass-through companies stand to enjoy significant reductions in their tax liability.

Texas business owners who are looking for a commercial space to rent should be ready to negotiate the terms of a lease. This is because what a landlord may be willing to offer depends largely on market conditions. When times are bad, a business owner may get several concessions from a commercial landlord. Of course, it may be tougher to negotiate in good economic times.

Building practices designed to reduce energy and water usage along with carbon pollution have emerged as desirable characteristics in commercial real estate in Texas. Both tenants and investors want buildings that produce less pollution and have the ability to resist the effects of climate change. A representative from the Urban Land Institute's Greenprint Center for Building Performance said that building strategies that mitigate or adapt to changing climate conditions have produced value for real estate owners.

Business owners in Texas and around the country strive for success. In some cases, this means that it is time to move to another area or to a building with more space. However, this may mean that it is necessary to break an existing commercial lease. A business owner may be able to prepare for this by negotiating exit language in the lease before it is signed.

Texas residents that are looking to invest in commercial real estate may be interested in learning about the trends for 2018. Several ideas were discussed relating to industry trends at the 2017 REALTORS® Conference & Expo that recently took place. For instance, the media may be talking up the fact that companies are buying office space in cities again. However, that may generally be restricted to large companies that should never have left in the first place.

The potential effects of climate change and how soon they could have an impact are the subject of contentious debate in Texas and around the country, but the consequences of anticipated rising sea levels have already prompted some commercial real estate lenders to reevaluate their positions on coastal developments according to a panel hosted by the Commercial Industrial Association of South Florida. However, funds may still be readily available to developers in municipalities that have taken steps to address the threat posed by climate change.

As the popularity of small personal drones grows, commercial property owners in Texas have new concerns to think about in terms of drone use and access at their locations. The devices are not only fun for users to fly and manipulate; they are often equipped with high-powered video cameras that allow anyone to take great aerial shots. Not only do customers and neighbors use the drones, they are being used widely by businesses in sales, marketing, construction, inspection and the real estate industry itself.

Large and small commercial real estate companies throughout Texas have traditionally guarded their internal data as a company asset. The industry has been slow to partner with data analytic companies because early experiments resulted in firms losing control of their data. Some real estate firms tried sharing their data with companies that would collect and curate data, but they then watched their data get repackaged into new products and sold to anybody.

In Texas and across the rest of the U.S., an increasing number of retail stores are closing their doors. The retail industry has always operated at razor-thin margins, and online retailers such as Amazon have transformed the industry. Commercial real estate owners have turned to innovative ways to help fill their vacant retail spaces in malls.

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Geography Served

The Jackson Law Firm is located in Houston's Greenway Plaza area, and serves clients throughout Texas, including Houston, Sugar Land, Missouri City, Katy, Tomball, Spring, The Woodlands, Conroe, Pasadena, Baytown, Galveston, Webster and Clear Lake; Harris County, Montgomery County, Liberty County, Chambers County, Galveston County, Brazoria County and Fort Bend County.